SpaceX slides to a $135 IPO price as post-listing euphoria fades ahead of a Starship launch

TechCrunch·low signal

SpaceX stock has fallen steadily from its post-IPO high to a $135 price ahead of an upcoming Starship launch, suggesting markets are repricing the promises Musk made before and after the listing. It is a useful sentiment marker for the broader hard-tech and AI-infrastructure listing pipeline, where narrative-driven valuations have been the norm.